February Updates

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Houston Living•Houston Real Estate

February Updates

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Real Estate Market Updates
  • Home prices increased dramatically over the last year across the major Texas metropolitan areas:
    • Greater Austin: +31% for single-family homes; +31% for condos
    • Dallas-Fort Worth Metroplex: +23% for single-family homes; +21% for condos
    • Greater Houston: +19% for single-family homes; +19% for condos
    • Greater San Antonio: +17% for single-family homes; +22% for condos
  • Home sales remained elevated despite historically low inventory, which reflects the high demand in Texas.
  • Months of Supply Inventory further indicates a sellers’ market. Homes are selling quickly as buyers compete over the limited inventory.
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